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Entries tagged "sports"The AFL sours on its Manhattan leaseThe defunct Arena Football League, which counted Jon Bon Jovi among its team owners before it collapsed into bankruptcy in August, has requested court approval to reject a lease. AC Milan fans suffering on and off the fieldThe Italian soccer season may only be two games old but it is already proving a tough campaign for supporters of AC Milan. Pro athletes find new careers in PERetired professional athletes such as David Robinson are trying to score in the world of private equity. Lance Armstrong covets Tour de FranceThe professional cyclist may be the latest celebrity to compete with dealmakers to buy a sports franchise. Coyotes dogged by auction rumorsNo one wants to buy the Phoenix-based NHL franchise unless they can move the team, but the league is opposed to such a plan. Bad news for Newark's BearsWhatever happened to America's pastime? That's what the Newark Bears minor league baseball team would like to know. The New Jersey team said on Monday, thanks to attendance (make that the lack of), has forced it to start exploring options including a possible sale. ... Citi Field's naming rights in question, why not BofA's?The New York Times shed some ink on beleaguered Citigroup Inc.'s naming of the Mets' new stadium, Citi Field, and the $20 million a year it will pay over 20 years to adorn its name on the Queens, N.Y., venue. But why only question the Citi deal?... Brazilian soccer players are latest acquisitions in South AmericaAcquiring professional soccer teams has been a recent growing trend that may turn out to be long-term lucrative investments. Energy drink maker Red Bull GmbH took a chance and acquired the MetroStars of the U.S. Major League Soccer in 2006 while Cleveland Browns LLC owner Randolph Lerner in 2006 announced a £62.6 million ($118.3 million) bid for English soccer club Aston Villa plc. Now The New York Times reports Monday that a Brazilian company named Traffic is just one of a handful that is taking it one step further by acquiring contracts of young Brazilian soccer players, who have... Former Mets slugger Mo Vaughn swinging for Starrett CityThe massive Brooklyn housing complex known as Starrett City has a July 8 deadline for bids, with seven offers, including one from former Boston Red Sox and New York Mets slugger Mo Vaughn, according to Crain's Business. Vaughn represents Omni New York, which has made big investments in New York City affordable housing with the intent of maintaining the affordability of these complexes for its current residents. ... Celtics owner on a road tripSo what do you do after winning the NBA finals? If you answered "go to Disney World, of course," then you aren't a dealmaker. Boston Celtics general partner Wyc Grousebec -- earlier this month seen on ABC holding the NBA's Larry O'Brien Championship Trophy over his head -- instead is reportedly going on a road trip for a new $200 million fund that would invest in sports-related ventures, according to The Boston Globe.... Dealmakers' purchase of the Celtics finally pays offIf you have a hard time reaching dealmakers at Bain Capital LLC, Highland Capital Partners or other Boston buyout and venture capital firms Wednesday, that's because they likely had a late night celebrating the Celtics' 17th NBA championship. ... Cubs auction starts as Wrigley Field sale goes foulOn the same day Tribune Co. is expected to send out the books for the Chicago Cubs auction, news of the fate of Wrigley Field, the team's ancient home, was also making the rounds.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "sports." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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